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Understanding Contractual Rights and Obligations During a Crisis

ivalua

In a previous blog we discussed the mounting humanitarian crisis that the Coronavirus, also known as COVID-19, had sparked globally and discussed considerations and steps organizations should take to mitigate the impact from disrupted supply chains.

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The Contract Management Playbook: Strategies and Secrets for Total Control

World of Procurement blog

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Effective contract management provides numerous benefits for companies across industries.

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Integrating AI into Asset Performance Management: It’s all about the data

IBM Supply Chain Blog

Enterprise applications serve as repositories for extensive data models, encompassing historical and operational data in diverse databases. Increasing managed services contracts across the enterprise becomes a proactive measure, ensuring continuous support for evolving systems.

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Towards stronger, better supplier relationships in 2022

Zycus Cognitive Procurement

In this blog, we will highlight some high-risk areas that need fixing and ways you can go about building better supplier relationships. The key to gaining a more comprehensive view of supplier risks is interconnected digital tools, physical infrastructure, and corresponding data streams. Some costly-to-ignore risk areas.

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Top 7 Reasons to Invest in a Contract Management Software

Zycus Cognitive Procurement

There are many benefits of contract management software, especially in today’s world. Also, contract management software provides the legal, procurement, financial, sales, and contract administration teams with a useful set of tools to effectively and efficiently manage the entire contract management process.

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Building Resilient Supply Chains through AI Led Digital Transformation

Zycus Cognitive Procurement

The pandemic has revived interest in the digital transformation of the entire Source to Pay (S2P) process. Contract management and e-procurement are other immediate areas of transformational interest for enterprises. Why Contract Management? Research shows purchasing under contract returns 3-5% savings on average.

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The Impact of Digital Transformation on Spend Analysis

Empowering CPO

Introduction In today’s fast-paced and interconnected world, digital transformation has become a fundamental driver of success for businesses across industries. One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis.